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Group accident insurance

Don't let an accident hurt more than it should

Group accident insurance, underwritten by Securian Life Insurance Company, helps plan for the unexpected and provides additional peace of mind.

See how we explain accident insurance to employees

Why offer group accident insurance?

More than 1/3 of U.S. adults couldn't cover a $400 emergency expense with cash, savings or a credit card paid off at the next statement1. Accident insurance can offer an added layer of protection.

  • Cash benefit paid directly to the insured to use any way they wish
  • Benefit payout doesn’t depend on employee’s income or participation in other employer insurance offerings
  • No health questions asked — coverage is always guaranteed
  • Multiple benefits available for any one accident
  • Dependents eligible for same benefit amounts as employee

What does group accident insurance cover?

You can customize an accident insurance program to include a variety of benefits.

Core benefits can be paired with standard and additional benefits to address the financial and health risks facing employees.

Core benefits 

  • Ambulance (air, ground or water)
  • Dislocation
  • Emergency room treatment
  • Fracture
  • Hospital2 stay
  • Paralysis (quadriplegia, paraplegia, hemiplegia or uniplegia)

Additional benefits

Our accident insurance offering is designed to stand out from the competition with features like these:

Family focused benefits

  • Pet boarding — Payable each day3 an insured receives treatment in a hospital or rehabilitative facility for an injury resulting from a covered accident
  • Adult companion lodging — Provided when the insured’s companion incurs a lodging charge and the hospital stay or rehabilitative (inpatient) benefit is payable the same day
  • Child organized sport’s injury — Additional riders provide a payment when a covered child is injured during an organized activity, in addition to other eligible benefits
  • Dependent parent rider — Benefit available to employee or spouse providing financial support to a dependent parent (must equal more than half of parent’s monthly expenses)

Mental health benefits and more

  • Post-traumatic stress disorder (PTSD)  Benefit is payable upon diagnosis resulting from a covered accident or trauma
  • Trauma counseling — Supports mental health after a serious accident
  • Rehab therapy — we have the most comprehensive list of covered therapies in the marketplace including physical therapy, occupational therapy, vocational therapy, speech therapy, respiratory therapy, cognitive behavioral therapy, trauma counseling, chiropractic therapy and acupuncture)

When a claim is submitted, the amount paid will depend on the number of benefits for which the insured qualifies, the care they receive, and the terms and conditions of the policy.

How group accident insurance works

If the insured is injured in a covered accident, they can get a payout to use any way they wish to help cover deductibles, out-of-pocket medical costs or everyday living expenses.

Benefit example

Here’s an example of how benefits under a group accident insurance policy might be paid to an employee.



Janet slips off a stair and breaks her lower leg and wrist

Medical expenses

Janet spends two days in the hospital


Janet could receive a cash payout to help cover her expenses
Benefit Expense amount Accident insurance payment
Broken lower leg $4,000 $1,250
Broken wrist $3,000 $625
Emergency room treatment $1,100 $300
Ambulance $400 $200
Hospital stay (2 days) $2,000 $1,800
X-rays $200 $200
Follow up visits (4) $400 $400
Outpatient therapy visits (4) $400 $300
Total $12,500 $5,075

Actual experience and benefit payouts may vary.

Included features

Select additional benefits to complement accident insurance at no additional premium.

  • Accidental death and dismemberment — This added coverage provides beneficiaries with additional financial protection if an employee’s death or dismemberment is due to a covered accident.
  • Health and wellness — Once per year, employees and their spouses can receive a benefit for having a health and wellness screening (up to 32 screenings) including an annual physical.
  • Continuation of coverage — If an employee becomes disabled, they may be eligible to have their group accident insurance premiums waived. Continuation options for terminated employees are also available.

Take the next step

Learn more about our group accident insurance product.     

Contact sales today

What’s newsworthy in accident insurance  (article with video)

Try as you might, you can’t prevent an accident. Read our top 3 trends to watch in 2023 as it relates to accident insurance.

1. "Report on the Economic Well-Being of U.S. Households,” Federal Reserve Board Division of Consumer and Community Affairs (DCCA),, May, 2021.

2. A hospital does not include a rehabilitation center, nursing home, rest home, extended-care facility, convalescent home, a treatment center for drug and/or alcohol addiction(s) or a treatment center for mental health disorders, even if such facilities are affiliated with or adjoined to a hospital.

3. Payable up to a specified number of days while the insured receives treatment.

This is a summary of plan provisions related to the insurance policy issued by Securian Life Insurance Company. In the event of a conflict between this summary and the policy and/or certificate, the policy and/or certificate shall dictate the insurance provisions, exclusions, all limitations and terms of coverage.

This policy provides limited benefits. This policy has exclusions, limitations, reduction of benefits, terms under which the policy may be continued in force or discontinued. For costs and complete details of the coverage, contact Securian Life Insurance Company. All elections or increases are subject to the actively at work requirement of the policy. Securian Life products are offered under policy form series 15-32400 or a state variation thereof. Product availability and features may vary by state.

This presentation provides general information to the recipient. Securian Life cannot provide legal or tax advice with respect to ERISA; COBRA; Health Savings Account (HSA) laws, rules or regulations, any applicable tax laws, rules, or regulation; or any other applicable federal or state laws, rules, or regulation. Any questions regarding these topics should be directed to your legal and tax advisors.

DOFU 1-2022